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Nov 7, 2012
11/12
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. >> romney made his concession speech before his supporters in boston. the loss ends a six-year quest for the presidency for the former massachusetts governor. he lost the republican nomination to john mccain in 2008. romney wished president obama well, but also noted the deep divide amongst the parties in washington and urged leaders to work together. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. our lead verse to reach across the aisle to do the people's work. >> while the electoral college makes this win look far more decisive than the popular vote, that is just one of the quirks of the u.s. electoral voting system that many people worldwide have been learning about. 303, the number of delegates that he has to romney's 206. despite the very close popular vote, again, the electoral college votes make it much more decisive. florida remains a toss-up. clearly not going to make a difference to the overall outcome. 270, that was the number to reesm we knew once we started to
. >> romney made his concession speech before his supporters in boston. the loss ends a six-year quest for the presidency for the former massachusetts governor. he lost the republican nomination to john mccain in 2008. romney wished president obama well, but also noted the deep divide amongst the parties in washington and urged leaders to work together. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing....
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Nov 7, 2012
11/12
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secondly, coastal flooding up near boston and down towards cape cod where there will also be big winds to 65 miles an hour. that's going to be a problem. but let's talk about that snow for a minute. if you take a look right outside our own studios here at cnbc, you are actually going to see that there are leaves still on the trees. as the snow flies and eventually the temperature drops to freezing and below, it's this kind of scene that is the major issue, meaning we are going to see those tree limbs coming down as they fill up with a few inches of wet snow. thus, the economic impact could be very considerable. from additional power outages to the same exact spot that's just recovering right now. so that's what we'll be watching throughout the afternoon. again, it does appear several inches of snow anywhere to the north and west of new york city, even up into southern new england. we'll be with you throughout the day into this evening watching the nor'easter. >> todd, thank you very much. >>> on deck, a complete sector by sector rundown of the downturn in a way that only "street signs"
secondly, coastal flooding up near boston and down towards cape cod where there will also be big winds to 65 miles an hour. that's going to be a problem. but let's talk about that snow for a minute. if you take a look right outside our own studios here at cnbc, you are actually going to see that there are leaves still on the trees. as the snow flies and eventually the temperature drops to freezing and below, it's this kind of scene that is the major issue, meaning we are going to see those tree...
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Nov 6, 2012
11/12
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mitt and ann romney voted a few moments ago here in boston. a bit of an irony. no expert or citizen expects romney to carry massachusetts, his home state. experts say he'll be lucky if he matches 36% that john mccain got four years ago when he ran against barack obama. it's not just the fact that massachusetts is a state that tilts democratic. frankly voters here have similar complaints to what has been heard nationally about the former governor. >> i don't think there's a mystery about mitt romney. i think the united states is learning what we learned here. we're never exactly sure if he means what he says and how long he's going to stick with it. >> reporter: the real action in massachusetts is the dead heat contest for the senate between scott brown, the republican, and elizabeth warren, the democrat. voter turnout could top 70%. some 3 million plus votes being cast in one of the most closely watched senate races in the country that could very well determine the balance of power in the senate in the next congress. >> the difference is that scott brown is popu
mitt and ann romney voted a few moments ago here in boston. a bit of an irony. no expert or citizen expects romney to carry massachusetts, his home state. experts say he'll be lucky if he matches 36% that john mccain got four years ago when he ran against barack obama. it's not just the fact that massachusetts is a state that tilts democratic. frankly voters here have similar complaints to what has been heard nationally about the former governor. >> i don't think there's a mystery about...
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165
Nov 7, 2012
11/12
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serious coastal flooding south of boston and down toward cape cod. what about the snow? there's a cold pool of air over southeastern new york into northeastern pennsylvania that will get sucked down toward the new york metropolitan area this afternoon. that's where the big wild card is. we know several inches of wet snow will pile up somewhere in new jersey up through southeastern new york to the northwest of new york city. what about the city itself and western long island, southwest connecticut, where the trees have leaves on them. why is that so important? we're just recovering in that vicinity from the power outages now. when trees get leaves and snow falls on those leaves, it brings downed branches and starts a new round of power outages all over again. we'll know much more in the next couple of hours as precipitation first moves in and we'll play it throughout the afternoon step by step to see how it's going to pan out. >> all right. thank you so much for that. todd gross back at headquarters. today is back to lining up defensive plays for your portfolio instead of
serious coastal flooding south of boston and down toward cape cod. what about the snow? there's a cold pool of air over southeastern new york into northeastern pennsylvania that will get sucked down toward the new york metropolitan area this afternoon. that's where the big wild card is. we know several inches of wet snow will pile up somewhere in new jersey up through southeastern new york to the northwest of new york city. what about the city itself and western long island, southwest...
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Nov 8, 2012
11/12
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i'm south of boston. take a look. you have the boats in the water and that water is churned up. the winds consistent, 30, 40, close to 50 miles per hour sustained. over the last several hours. seen gusts still clocking in at 60 miles per hour. we had a report out towards the cape of 60 miles per hour and nantucket with a peak wind gust of 68 miles per hour and seeing reports with the consistent winds of some coastal flooding including high water over the roads in nantucket. a few trees down and led to scattered power outages. you can see behind me, higher water this morning and we are now not at high tide and not seeing the stray come up and over. that was a concern, as well. when's interesting about this storm is winding down and pulling away, wind is still going to be such a huge factor. easing winds means 20 to 30 miles per hour as we get in to the evening opposed to 40 or 50 miles per hour. but that's going to be the case even going through the end of the day today. snow not so much an issue along the coast. it's been the wind and the rain but inland picking up several inche
i'm south of boston. take a look. you have the boats in the water and that water is churned up. the winds consistent, 30, 40, close to 50 miles per hour sustained. over the last several hours. seen gusts still clocking in at 60 miles per hour. we had a report out towards the cape of 60 miles per hour and nantucket with a peak wind gust of 68 miles per hour and seeing reports with the consistent winds of some coastal flooding including high water over the roads in nantucket. a few trees down and...
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Nov 19, 2012
11/12
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. >> reporter: nearly 30 years ago cook founded boston beer company maker of sam adams. >> nobody would lend me money when i started sam adams. >> reporter: now he is trying to help other food and beverage start-ups. his samuel adams brewing the american dream fund has provided over 200 loans, averaging $8,000 apiece. claiming to creator saved 1300 jobs. >> i received $15,000 loan. and i'm going to be paying it over the next five years. >> reporter: interest rates average 8%. and cook says the default rate sunday 5%. the fund teams with local economic developers to find the right start-ups. >> we have 250,000 entrepreneurs here in l.a. it has been said lay slay a small business capital of the country. and it is. >> check e-mail. >> edward is using his loan to open a storefront with plans to hire up to eight people. in an economy where traditional jobs and loans seem harder to come by, jim cook wants to support promising people scooping out a new path. >> while you have your ups and downs, you know, if you really loved what you do, you never work a day in your life. >> all right. now 8.5
. >> reporter: nearly 30 years ago cook founded boston beer company maker of sam adams. >> nobody would lend me money when i started sam adams. >> reporter: now he is trying to help other food and beverage start-ups. his samuel adams brewing the american dream fund has provided over 200 loans, averaging $8,000 apiece. claiming to creator saved 1300 jobs. >> i received $15,000 loan. and i'm going to be paying it over the next five years. >> reporter: interest rates...